Are you ready to turn your hobbies into profit and start your own online business, but don’t know where to start? Let’s take a look at seven ways to make money online that won’t take a lot of time or disrupt your daily routine. Think of these options as additional sources of income, which in some cases can be much larger.
Creating your own blog
One of the most popular ways to make money online is to create your own blog.
You can start your blog with just about any topic that interests you, but you might want to consider picking a lucrative niche market if you’re looking to make money from your blog.
Use your blog to share hobbies, thoughts and interests with others, and use your blog to make real connections with people. The mechanics are simple, and you will be able to profit from your blog through online advertising (like Google Adwords), affiliate marketing (see below) and subscriber lists to ensure you have a steady stream of income.
Keep in mind that there really isn’t much difference between a website and a blog these days. Most websites actually work with blog based content management systems like WordPress.
Your blog shouldn’t just include blog posts, but can include regular web pages, sales pages, e-commerce pages, product pages, and more.
Even if you don’t have your own products or services to sell, affiliate marketing gives you the opportunity to earn high commissions through a series of one-off sales (or recurring monthly sales). Online stores provide you with an affiliate website (or a simple affiliate tracking link) and marketing support – all you have to do is promote the company with your link through social media, search engines, or perhaps ideally your own website or blog (see above),
Using all of these methods we are discussing, you will definitely want to build your email list so that you can constantly monitor your subscribers and generate additional sales.
The great thing about affiliate marketing is that you don’t need to create your own products, you don’t need to provide any customer support, and you don’t need to create your own marketing materials.
All you have to do is select a lucrative marketplace, promote products as an affiliate, and earn a commission on every sale.
Even if you offer your own products and services, people choose to also promote other people’s products as an additional source of income to what they already do.
Build Your Own Ecommerce Site
This is where you sell physical products from your website. The most common (and hassle-free) way to do this is by drop shipping; where you just take orders on your website and use a third party source that manufactures and ships products to you.
The main thing you need to do is focus on one specific niche and be a specialty store that only serves that market, rather than trying to be everything to everyone like Amazon.com.
Speaking of Amazon.com, although you may want to connect to other websites like Amazon.com, eBay.com, Etsy.com, etc. as a way to attract additional people you want to be sure you have your own internet presence. with your own store to have 100% control over your business.
Internet edition (e-books)
Regardless of your current occupation and lifestyle, there is probably a book inside you that screams to get out. Amazon’s Kindle Direct Publishing (KDP) platform has given thousands of people the chance to become published authors and make money. It can also serve as a way to get the attention of more established and established publishers.
Not only can you sell eBooks on platforms like Amazon.com; but you can also sell e-books directly from your website. This allows you to sell your e-books for higher prices and receive all the profits.
You can also repackage multiple e-books into larger “packages” or use e-books as the basis for a more expensive sale.